Student Finance Analyst I
About The Position
The Disbursement team is responsible for processing and managing the disbursement and return of federal, state, and private student financial aid, as well as scholarships, in compliance with institutional policies and Title IV federal regulations. This team ensures funds are accurately applied to student accounts and returned when necessary. This team supports multiple universities under Covista, including: American University of the Caribbean (AUC), Ross University School of Medicine (RUSM), Ross University School of Veterinary Medicine (RUSVM), Medical Education Readiness Program (MERP), Chamberlain University (CU), Walden University (WU), WU Tempo.
Requirements
- Bachelor's Degree Preferred.
- 2 years experience in student accounts and/or financial aid Preferred
- Must possess effective customer service skills.
- Excellent verbal and communication skills.
- Ability to maintain a high degree of professionalism and integrity.
- Consistent attention to detail and follow-up.
- Must be a team player.
- Ability to work in a fast-paced deadline-oriented environment.
- Ability to multi-task and prioritize workload.
- Is proactive in researching new student finance regulations and issues.
- Well-developed organizational skills.
- PC skills in Microsoft Office, in particular Excel, database and internet applications
- Excellent math and analytical skills.
- Eligible to obtain and maintain systems access to the NSLDS system (must not be in default of Title IV Federal aid)
Nice To Haves
- Preferably, experience with financial transactions or student account management.
- Preferably, proficiency in multiple systems (e.g., Banner, ProSAM and/or PowerFAIDs, Salesforce); otherwise, candidates will receive in-depth training.
- Prior experience in higher education, student financial services, or finance/accounts receivable is preferred but not required.
Responsibilities
- Process disbursements of Title IV federal aid, state aid, private loans, and scholarships to student accounts.
- Manage returns of funds when required, ensuring compliance with federal and institutional regulations.
- Reconcile accounts to verify accuracy of disbursements and returns.
- Investigate and resolve discrepancies in student financial aid transactions.
- Collaborate with other teams to ensure timely and accurate application of funds.
Benefits
- Health, dental, vision, life and disability insurance
- 401k Retirement Program + 6% employer match
- 15 Days of Paid Vacation Days each Calendar Year
- 12 Paid Holidays + 2 floating holidays
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
